NOT LISTED FOR SALE

Paramount Bay Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $1,587,000 - $1,803,000

3 Beds
3 Baths
1,708 Sq Ft
2010 Built

Sale Details

Date Sold: October 28, 2021

Last sale price $1,275,000 $746 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $12,106 / mo

255 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Built in 2010 | Newly Remodeled
  • Ocean View
  • Fitness Center
  • 4-minute walk to Margaret Pace Park

About This Home

As of October 2021

Spectacular Turn-Key Unit - Beautifully decorated!!! Flow-thru 3B/3ba with East & West exposures - Bay, Ocean and Miami Skyline Views! Open kitchen & largest living room in the building, expansive master suite, floor-to-ceiling windows, 10' ceiling, custom made closets, laundry room, etc. Paramount Bay is one of the most sophisticated building in the trendiest area of Miami. Luxury amenities: 24h Front Desk, Concierge, full Spa service, gym, game room, business lounge, sunrise & sunset pools with cabanas, etc. Enjoy Breathtaking Sunrise & Sunset Everyday!!! SEND YOUR OFFER!!!

Last Agent to Sell the Property

Elen Oliveira

Rafaela Da Silveira, LLC. License #3227105 Listed on: 01/25/2021

Last Buyer's Agent

Stefanie Genauer

Douglas Elliman License #3460878

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,906

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,624 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 1,708 Sq Ft Home
  • Furnished
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors

Outdoor Features

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-089-0950

Community Details

Overview

  • 346 Units
  • Club Membership Available
  • High-Rise Community
  • Paramount Bay Condos
  • Paramount Bay Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 46-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,906

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$1,624 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 21
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Paramount Bay
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Entrance Foyer, Walk-In Closet(s), Utility Room/Laundry
  • Accessibility Features: Accessible Elevator Installed, Accessible Doors
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Tile
  • Furnished: Furnished
  • Living Area: 1708
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 46
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Skyline, Water View
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Paramount Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Valet, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1624
  • Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other Membership Available, Child Play Area, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-089-0950
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18906

Multi Family

  • Maintenance Expense: 1624
  • Number Of Units In Community: 346
  • Number Of Units Total: 346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Oct 28, 2021
Sold by
Mailarina Ltd Llc
Bought by
Chien Sean Y and Chien Jenny Wu
Seller's Agent
Elen Oliveira
Rafaela Da Silveira, LLC.
Buyer's Agent
Stefanie Genauer
Douglas Elliman
List Price
$1,230,000
Sold Price
$1,275,000
Premium/Discount to List
$45,000
3.66%
Current Estimated Value
$1,663,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,728
Avg. Annual Appreciation
6.01%
Original Mortgage
$850,000
Outstanding Balance
$777,681
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$886,047

Purchase Details

Closed on
Apr 20, 2012
Sold by
Paramount Bay Owner Llc
Bought by
Mailarina Ltd Llc

Purchase Details

Closed on
May 13, 2011
Sold by
Paramount Bay Owner Llc
Bought by
Paramount Bay Owner Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chien Sean Y $1,275,000 Attorney
Mailarina Ltd Llc $758,200 Attorney
Paramount Bay Owner Llc $1,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Chien Sean Y $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $1,275,000 -5.6% $746 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $1,350,000 +9.8% $790 / Sq Ft
01/15/2021 01/15/21 For Sale $1,230,000 0.0% $720 / Sq Ft
08/23/2019 08/23/19 Rented $5,500 0.0% --
03/15/2019 03/15/19 For Rent $5,500 -8.3% --
02/15/2016 02/15/16 Rented $6,000 -7.7% --
01/16/2016 01/16/16 Under Contract -- -- --
12/19/2015 12/19/15 For Rent $6,500 -- --
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,306 $1,034,616 -- --
2024 $19,206 $1,005,458 -- --
2023 $19,206 $976,173 $0 $0
2022 $18,672 $947,741 $0 $0
2021 $14,916 $702,030 $0 $0
2020 $16,613 $780,033 $0 $0
2019 $18,099 $847,862 $0 $0
2018 $17,759 $847,862 $0 $0
2017 $18,907 $892,486 $0 $0
2016 $22,082 $979,644 $0 $0
2015 $25,908 $1,113,233 $0 $0
2014 $22,951 $1,012,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elen Oliveira

    Seller's Agent in 2021

    Elen Oliveira

    Rafaela Da Silveira, LLC.

    (954) 708-5556

    3 in this area

    19 Total Sales

    Elen Oliveira
    Section Image
  • Stefanie Genauer

    Buyer's Agent in 2021

    Stefanie Genauer

    Douglas Elliman

    (305) 505-5074

    7 in this area

    24 Total Sales

    Stefanie Genauer
    Section Image
  • Stacy Robins

    Buyer's Agent in 2019

    Stacy Robins

    Stacy Robins Companies, Inc.

    (305) 710-6511

    1 in this area

    21 Total Sales

    Stacy Robins
    Section Image
  • Tomi Rose

    Seller's Agent in 2016

    Tomi Rose

    Aston Rose Sports And Entertai

    (305) 615-1376

    8 Total Sales

    Tomi Rose
    Section Image
  • Kadir Puentes Dahan

    Buyer's Agent in 2016

    Kadir Puentes Dahan

    Epic Capital Realty

    (305) 773-5574

    1 in this area

    8 Total Sales

    Kadir Puentes Dahan
    Section Image
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About Paramount Bay

Source: MIAMI REALTORS® MLS

MLS Number: A10975719

MIAMI REALTORS® MLS

APN: 01-3230-089-0950

Florida Miami/Dade County Miami 33132

Edgewater

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